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Semi-conductor shortages: Why did Tata Motors' warning spook investors?

JLR acco­u­nts for half the company's global unit sales and nearly 80 per cent of its consolidated revenues

Underperforming hotels going dirt cheap but buyers lack appetite

20-25% of 150,000 branded hotels risk permanent closure; May room tariffs down 16-18% on average; occupancy drops to 18-20%, revenue per room down by 49-51%

We see a sharp rebound in the second half of FY22: JLR on investor call

Assurance comes a day after the company's stocks slumped by more than 10% following profit warnings over scarcity of semiconductors

JLR warns of lower Q2 volumes, downgrades outlook due to chip shortage

Company sees semiconductor shortage deepening in the September quarter of the current financial year.

Tata Motors to remain sharply focused on high-growth segments of the market

Encouraged by turnaround in passenger vehicle business in terms of volumes, market share and brand recall, the firm is no longer in a hurry to forge JV or enter technical tie-ups

Hinduja Group formally launches EV making arm Switch, sets up new team

Appoints Andy Palmer as its executive vice chairman and CEO, Nitin Seth as Chief Operating Officer

Truck rentals go up by 12-15% in June as economy recovery gathers pace

The increase in rentals was also aided by export-import trade that increased by 40-50 per cent

Suba Group's Click acquires controlling stake in leisure group1589 Hotels

Click Hotels envisions crossing 3,000 rooms and plans to have a pan India presence by 2021.

Skoda Auto India hopes Kushaq will give it the much-needed volume push

The midsize SUV will account for eight out of every ten models that the company will sell in India

Our aim is market share growth with an eye on margins: Ashok Leyland CEO-MD

In a Q&A, Vipin Sondhi says the firm will launch more LCVs and step up exports to Africa and Middle East as part of its de-risking strategy

Three-row SUVs to gain further traction as auto firms line up launches

Auto firms line up launches as segment gains traction

Indians show higher preference for hybrid than for pure EVs: Survey

The trend comes as a stark contrast for a market like India, where EVs and not hybrids are getting the massive subsidy push from policymakers under the FAME scheme

Vacationers head to the hills to de-stress as states start unlock process

Over the past fortnight, five-star hotel chains including and premium boutique brand are seeing the occupancy at their properties either reach the near optimum level or being completely sold out.

Truck rentals up 9-14% in first half of June on low base and unlocking

Analysts attribute it to diesel price hike, caution of a long road to recovery

BS Number Wise: What happened to ambulance sales during the pandemic?

A reliable ambulance service is often a luxury in the subcontinent, and it has been so for some time

Amara Raja carves out new biz unit, re-fashions as energy and mobility firm

The announcements by Amara Raja comes amid the thrust India's policy makers have been giving to electric mobility in its endeavour to reduce carbon emissions and reduce oil import bill.

Electric 2-wheeler to become cheaper with higher incentives under FAME II

Depending on the model and the variant, some manufacturers have cut prices by Rs 15,000-28,000; others will announce price cuts this week

With states unlocking, auto manufacturers crank up production in June

Expect to reach up to 90% of pre-Covid 2.0 levels

Vehicle registrations fall 54.79% in May, sales across categories dip 66%

The apex bodies representing the dealers have appealed for relief from all vehicle makers, who are yet to announce a similar financial package like last year

Auto industry chases the monsoon, but analysts are less optimistic

Manufacturers think the impact of Covid-19's ravages on rural India will abate if seasonal rains are good.